Current Mileage Rate For 2024 Irs. Mileage rate increases to 67 cents a mile, up 1.5 cents from 2023. The standard mileage rate will increase to 67¢ per mile for business miles driven beginning.

The 2024 standard mileage rate is 67 cents per mile, up from 65.5 cents per mile last year. The irs provides specific guidelines on mileage reimbursement to ensure consistency and fairness.